Facebook signs up IIT graduates for Rs 1.55 crore; companies offer more jobs this placement season

Facebook signs up IIT graduates for Rs 1.55 crore; companies offer more jobs this placement season

Indian Institutes of Technology have offered good pay with at least 15-20% more jobs, 10-20% higher average salaries and 30% increase in global offers. First 20 hours of placement season online social networking giant Facebook ruled the roost with a Rs 1.55 crore ($250,000) salary offer including bonus and ESOPs. This is the highest salary offer made across IITs in recent years. Facebook made the offer for software engineer profiles based out of California to three students at IIT Kharagpur and to an unknown number at IIT-Bombay.

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